2012-10-05
2012-10-05
x CNBC

STATION
CNBC 3
LANGUAGE

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floats your boat. on a day when many stocks were buoyed by mitt romney's victory over president obama, let me tell you how i watched. i watched the debate within the parlance of my world, the stock world. i watched it with an eye towards making you some money. tweeting every potential stock idea triggered by either gentleman. ♪ how can you try to make money from the debate? let me parse it for you. show you how it's done. going over the actual statements by each candidate translating them into cramerican. let me tell you, there were tons of cramericans on twitter. if you tweeted me about the debate, keep an eye on the twicker running below. you may see your tweet. romney went right into a call for north american energy self-sufficiently, singling out coal as an endangered species under obama. listen. >> i like coal. i want to make sure we can continue to burn clean coal. people in the coal industry feel like it's getting crushed by your policies. >> lots of bozos went in and bought the coal stocks. all the coal stocks on. this wrong take away, people! coal's hostage to chinese deman

report." it's great to see you. i don't feel like defending obama, i don't feel like defending the labor secretary but i got to tell you, i worked in the white house under reagan, omb, you can't touch those numbers, jack, you can't touch those numbers before they're published. >> larry, look, this election is too important to have it hinge on one number. we got this number of 7.8 today, below where the president came in and we have assumptions. what i wanted to see and there's a real debate about this number. larry, the private sector household number, which is done by calling 50,000 people in the hundred plus million population for workers came in with a number of 873,000 people. that is the highest number since 1983, booming reagan years when you were there. >> i understand. i don't feel like defending bureaucrats left and right, it's not my favorite thing. but these guys, as the labor secretary said, they use surveys and models, it's only a 50 or 60,000 sample but that's nothing new. that's the way it's been for as long as the data is kept. you got 600,000 part-time workers. that was

here, austan goolsbee and ed lazear will go head to head. austan goolsbee was head of president obama's economic advisers and ed lazear former economic adviser to president jor george w. bush. >>> morgan stanley is planning to cut more jobs and slash bonuseses. james gorman tells "the financial times" those are the sacrifices necessary to boost profits and shareholder value. he's sympathetic to the view that this industry is still overpaid. >>> samsung is reporting quarterly profit a record $7.3 billion, nearly double last year's figure. analysts expect the current quarter to be difficult as samsung spends more on marketing as it escalates its fight with apple. >>> and dozens of lawsuits have been filed against facebook, the nasdaq and various ipo underwriters and they're going to be centralized today before a federal judge in new york. facebook requested the transfer. investors argue they lost money due to nasdaq technical glitches, they accused facebook of selectively disclosing on flattering information about its business prospects to analysts who shared that privilege with certain

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